Weather models are displaying a firm tendency towards a colder and drier stint in the week ahead, but traders did not consider it a strong bull signal for the front end of the curve. Further out prices are coming up due to firm prices for fuels and CO2.
At the time of writing, Q2-08 was down five cents at EUR 30.70/MWh while Year 09 was up 35 cents at EUR 51.80/MWh."We are still experiencing the same situation we have seen for the better part of this year. A weak spot is pressing the front quarter down, while oil is driving the long curve. Despite some chillier days appearing in the weather forecasts, it's unlikely to remain cold f
Donnerstag, 13.03.2008, 12:11 Uhr
Redaktion
© 2024 Energie & Management GmbH
